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The Global Financial Crisis and Educational Restructuring (Global Studies in Education)

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 | #2600304 in Books |  2015-04-23 | Original language:English | PDF # 1 |  8.70 x.80 x5.80l,1.06 | File type: PDF | 335 pages

||0 of 0 people found the following review helpful.| Five Stars|By SEIJI FUKUTA (Prof.)|none|About the Author|Michael A. Peters is Professor of Education at Waikato University, New Zealand, and Emeritus Professor at the University of Illinois at Urbana-Champaign. He is Executive Editor of Educational Philosophy and Theory, Policy Futures in Education

The worldwide integration and globalization of finance, an aspect of «financialization», coincided with the rise of market-oriented neoliberalism promoting free trade and privatization strategies. New Internet-based technologies have reinforced financial market integration, creating a fragile, globally integrated financial ecosystem that poses new systemic risks and contagion effects characterized by excessive borrowing and ballooning debt, massive asset bubb...

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